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20121201
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genocide in rwanda in 1994. these guys are blamed for sweeping into villages, raping hundreds of women, chopping apart children, massacre of people. that's who the government is teaming up with. the rebels are accused of pulling people from huts in the middle of the night, shooting them in the head, so congo is this really, it's like this caldron of abuse on a scale that's unlike just about anywhere else in the world. i cover a number of these conflicts in africa. i cover somalia, darfur. just about everywhere else things are changing or getting a bit better in some cases. congo has stayed the same for almost ten years and that same is very disturbing state of anarchy. >> ironically, congo has enormous national resources, is a beautiful, lush country, right? >> yeah, it's spectacular. it is really one of the most beautiful places i've been anywhere. just last week, there was a huge volcano with streams of smoke shooting out of it. it's very lush. it's very fertile. the lakes are beautiful. the environment is clean. it's blessed with mineral riches, gold, timber, copper. diamonds, just
hurdle on the coleco rwanda would lead them to fight even if they lose damascus and as they put additional pressures on the unity of the syrian state and we certainly do not want to see the syrian state disintegrate. it goes back into this question of how to convince the community that it has a role in the future of syria like others in their doesn't have to be a genocide. i was struck by the editorial or an opinion piece in "the new york times" i think at the beginning of last week for the week before about the next genocide being against allowites, and that fear is present among the community members and so what you are talking about is just an extension of that and the way around it is the political solution the longer the violence goes on, the more extremist groups benefit and based on what we have seen of no sort of parent organization, al qaeda and iraqi will not be merciful at all so it is incumbent on us to bolster what in the political opposition which is what we are trying to do. >> thank you, ambassador woo-hoo when you say the regime is numbered is that proverbial or
statistics, things like political improvements and freedoms, this is really essential. countries like rwanda have been ranked no. 1. if you look around the markets, you will see the authority. 90% of the world's population. they're going to see improvements in those lives. there will be issues, but the story is very strong and that is why we are seeing the story being very positive. >> tell us about the frontier markets because you cite the story of capital labor productivity. it will explode very dramatically? >> i think there is a clear delineation between the advanced emerging economies and the frontier economies, but our related or integrated it is to the developed market, how much exposure do they have? in terms of trade and foreign direct investment, it is heavily dependent on the united states and europe. africa has 1 billion people and is less than 2% of world trade or direct investment. the real engine of growth is not going to be trade, unfortunately. if you look at valuations of the bank's and trading in the local market, the story is credible and hits to the story rather than be
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